THE SUBCOMMITTEE ON GOVERNMENT MANAGEMENT, FINANCE, and ACCOUNTABILITY

The Subcommittee on Government Management, Finance, and Accountability examines issues involving the overall financial, strategic, and risk management of Federal departments and agencies, as well as all matters relating to Federal information policy. More specifically, the Subcommittee oversees the financial reporting and management requirements of laws such as the Chief Financial Officers Act, the Inspector General Act, the Government Performance and Results Act, and the Improper Payments Information Act, to name a few. The Subcommittee also has the authority to look into the nation's economic growth. Furthermore, the Subcommittee is responsible for overseeing issues related to how the Federal government handles information, including public access, sharing amongst agencies, and maintaining privacy. Finally, the Subcommittee has jurisdiction over the operations of Federal financial services agencies, such as the Securities and Exchange Commission and Federal Deposit Insurance Corporation, and jurisdiction over government-sponsored enterprises, such as Fannie Mae and Freddie Mac.

The Subcommittee's oversight for this Congress will focus on the following areas:

• Governing with accountability
• Improving the quality of agencies' financial reporting and management systems
• Stimulating the use of performance measurement of Federal programs
• Reducing improper payments and strengthening internal controls
• Monitoring issues surrounding Federal information policy

Throughout his public career, Chairman Platts has done a great deal to ensure that American taxpayers have a responsible, efficient, and financially accountable government. Although progress has been made toward these goals through Chairman Platts' oversight and legislative efforts, much work still remains. Chairman Platts works in a collaborative fashion with the Office and Management Budget, the Government Accountability Office, and executive branch agencies to make the Federal government accountable to its investors, the American taxpayer, and to the people it serves, the American public.